Feature, Freight News, Logistics

Turkish logistics giant sets up in Bulgaria

[ March 21, 2016   //   ]

Turkish-owned Ekol Logistics has set up its own company in Bulgaria, the 12th country in which it has established its own facilities. Ekol Bulgaria has been established and will be operational in 1-2 months from an office and 1,000sq m cross-dock warehouse close to Sofia Airport.
Ekol Bulgaria country manager, Nikolay Stoyanov, said that Ekol Bulgaria will provide international and domestic full trailer and groupage services, along with warehousing for bonded and non-bonded goods. He added: “The estimated turnover for the next two years is €4,500,000. We are planning to have 20 employees at the end of the second year of activity.”As well as being one of Turkey’s largest road transport operators, Ekol owns five ro ro vessels and operates 80 block trains per month.
In time, Stoyanov said, Ekol Bulgaria may offer intermodal solutions to and from other European countries. He said: “As the next step of our development, most probably in 2017, we may open offices in Plovdiv and Varna. The fact that a new, ambitious company has entered the Bulgarian market is very good for Bulgarian people and for our economy.”
Ekol’s European investment programme began in 1996 with Ekol Germany, followed by investments in Romania, Italy, France, Ukraine, Greece, and Bosnia-Herzegovina. Ekol Hungary was founded in 2013 followed by Spain in 2014 and Poland in 2015.
In the UK, the company works in partnership with Davies Turner.
General manager Ekol Europe and executive board member, Wojciech Brzuska, said that in the next few months the company planned to open up in the Czech Republic, Slovakia and Iran and that the company had been recording 25% organic growth every year.